Orders (International Derivatives)

This article addresses international perpetuals (derivatives) available outside of the United States. Learn more about Coinbase’s Derivatives products on the Derivatives help page.

Before you place a perpetual futures order, review asset-specific information and the information below.

Order component

Details

Note

Supported order types

Market Orders, Take Profit/Stop-Loss Orders

Limit Orders, Stop-Limit Orders (Advanced mode only)

Supported leverage amount

Up to 50x leverage

Cross margin

Helps reduce the risk of margin calls and liquidations

Suitable for traders with multiple positions on margin

See Margin types for an example

Isolated margin

Any margin deficiency will not affect other positions

Suitable for speculative and highly leveraged positions

See Margin types for an example

Funds on hold

Funds reserved for open orders are placed on hold and considered encumbered

Funds reserved to satisfy margin requirements for open futures positions aren’t available to trade or withdraw

To release your funds on hold, cancel the associated open order and/or close your positions

Your remaining, tradable funds are shown on perpetual futures market pages and on your Perpetuals portfolio page.

Order didn’t execute

Limit orders will only fill at the specified price or a better price 

There may be other situations where orders will fail, and this will be messaged right after trying to place an order (or indicated in the Order Blotter section)

Example:

IF you specify a price to buy a contract that is less than the best bid, 

THEN your buy order won’t execute unless the market moves and the price becomes marketable.

Manage orders

To place an order:

  1. Sign in to your Coinbase account.

  2. Access any perpetual futures market page.

  3. In the order form, select Buy (or Sell), then enter your order details.

  4. Select Preview Buy Order.

  5. Submit your order.

To cancel an order:

  1. Sign in to your Coinbase account.

  2. Access your Derivatives portfolio on the home page.

  3. Select individual orders and choose Cancel.

To edit an order:

  1. Sign in to your Coinbase account.

  2. Access your Derivatives portfolio on the home page.

  3. Select individual orders and choose Edit.

  4. Update the amount of the order and submit. 

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